Walker Ponders Major Tax Reform for Wisconsin

Image: Walker Ponders Major Tax Reform for Wisconsin

Thursday, 26 Dec 2013 01:12 PM

By Bill Hoffmann

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Wisconsin Gov. Scott Walker says he is open to major tax overhauls in his February 2015 budget, including eliminating or reducing state income taxes.

In an interview with the Milwaukee Journal Sentinel, the Republican governor says he's also considering dropping technical colleges from local property tax rolls.

"I don't have any preconceived notion on this. It's not like I have one goal," Walker told the newspaper.

"The only goal is I want the overall tax burden to go down every year I'm in office . . . What we're trying to do is have these early discussions that aren't threatening."

Walker, a possible contender for the 2016 GOP presidential nomination, admitted that completely eliminating state income taxes wouldn't be an easy task.

"[It's] literally almost impossible to do unless you have some kind of transfer to the sales tax or something like that," he said.

"Our goal overall is to reduce the tax burden. You can do that, but you can only go so far unless you have some other change out there."

Walker told the Journal Sentinel he has learned from the failures of Republican governors who quickly pushed huge tax overhauls in Nebraska and Louisiana without laying the groundwork with voters.

The state income tax will bring in an estimated $7.65 billion in the second year of the budget, which runs from 2013 to 2015, the newspaper reports.

Related articles:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Newt Gingrich: Obama Trying to Provoke GOP to Impeach Him

Tuesday, 29 Jul 2014 17:32 PM

Former House Speaker Newt Gingrich eviscerated President Barack Obama's "pathetic presidency" Tuesday, saying any execu . . .

Military to Oversee Plagiarism Probe Against Democrat's Sen. Walsh

Tuesday, 29 Jul 2014 16:41 PM

The Department of Defense has taken the unusual step of overseeing a plagiarism investigation being conducted by the U.S . . .

GOP Highlighting Lack of Action in Democratic Senate

Tuesday, 29 Jul 2014 15:08 PM

With more incumbents facing re-election, Senate Democrats are growing more concerned about the lack of progress on passi . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved